Nuveen Preferred and Income ETF (NPFI) To Go Ex-Dividend on July 1st
by Tristan Rich · The Markets DailyNuveen Preferred and Income ETF (NASDAQ:NPFI – Get Free Report) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.1356 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, July 1st. This is a 11.1% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.12.
Nuveen Preferred and Income ETF Price Performance
Shares of Nuveen Preferred and Income ETF stock opened at $26.00 on Thursday. Nuveen Preferred and Income ETF has a fifty-two week low of $21.00 and a fifty-two week high of $26.61. The business has a 50-day moving average price of $26.04 and a 200 day moving average price of $26.11.
Institutional Investors Weigh In On Nuveen Preferred and Income ETF
Institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new position in Nuveen Preferred and Income ETF during the third quarter worth $1,638,000. MassMutual Private Wealth & Trust FSB acquired a new position in Nuveen Preferred and Income ETF in the fourth quarter worth $362,000. Finally, Arkadios Wealth Advisors bought a new stake in Nuveen Preferred and Income ETF during the first quarter valued at $223,000.
Nuveen Preferred and Income ETF Company Profile
The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.
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